NIO
NIO raises $738M Convertible Note at $14B valuation
Quick Facts
NIO: Convertible Note Funding Round
NIO has successfully raised $738M in Convertible Note funding, reaching a valuation of $14B.
Company Overview
Electric vehicle manufacturer
Funding Details
The Convertible Note round was led by Tencent, with participation from Hillhouse Capital, Temasek Holdings, Baillie Gifford, BlackRock.
Company Information
- Headquarters: 56 Antai Street, Shanghai 200120, China
- Founded: 2014
- Employees: 13000+
- Category: Automotive
Investment
NIO plans to use the funds to accelerate product development, expand its team, and scale operations globally.
About the Investors
- Tencent: Verified investor in Convertible Note
- Hillhouse Capital: Verified investor in Convertible Note
- Temasek Holdings: Verified investor in Convertible Note
- Baillie Gifford: Verified investor in Convertible Note
- BlackRock: Verified investor in Convertible Note
Key Investors
About the Author
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